REGISTERED NUMBER: 15676963 (England and Wales)

Unaudited Financial Statements

for the Period 24 April 2024 to 31 May 2025

for

The Small Pen Company Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

F M Hornsby

D Hornsby

REGISTERED OFFICE:

1 Campbell Square

Liverpool

Merseyside

L1 5FB

REGISTERED NUMBER:

15676963 (England and Wales)

ACCOUNTANTS:

Opus Accountancy Limited

Bretton House

Bell Meadow Business Park

Pulford

Chester

Cheshire

CH4 9EP

FIXED ASSETS

Intangible assets

4

79,409

Tangible assets

5

63,334

142,743

CURRENT ASSETS

Stocks

18,242

Debtors

6

109

Cash at bank and in hand

31,178

49,529

CREDITORS

Amounts falling due within one year

7

380,362

NET CURRENT LIABILITIES

(330,833

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(188,090

)

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

(188,092

)

(188,090

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 November 2025 and were signed on its behalf by:

F M Hornsby - Director

1.	STATUTORY INFORMATION

The Small Pen Company Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2024, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% Reducing Balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in nonconvertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 19 .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

Additions

85,316

At 31 May 2025

85,316

AMORTISATION

Charge for period

5,907

At 31 May 2025

5,907

NET BOOK VALUE

At 31 May 2025

79,409

5.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

Additions

71,878

At 31 May 2025

71,878

DEPRECIATION

Charge for period

8,544

At 31 May 2025

8,544

NET BOOK VALUE

At 31 May 2025

63,334

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

109

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

35,077

Amounts owed to associates

229,875

Taxation and social security

24,183

Other creditors

91,227

380,362

8.	RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed £135,819 to The Small Hand Pub Company Limited, a company under common ownership. The loan is unsecured, interest free, and repayable on demand.

At the balance sheet date, the company owed £94,056 to The Small Castle Limited, a company under common ownership. The loan is unsecured, interest free, and repayable on demand.